Jumbo CD Investments - CD Rates Blog

Rates Fall Further Than I Expected

The Fed Cut rates on Sept 18 by 50 Basis Points (0.50%).? Since then rates fell much more than I expected.? Now there is talk of another cut at the end of October.

On average so far 1Y rates have fallen 30 Basis Points and the longer term has fallen even further.? Another cut would push rates into the 4.50% range.

Despite Fed Cut, Still Some Great Rates

If you are looking to protect your rates, we have a 10-year CD at 5.80% APR / 5.97% APY.? No Fees.

If you aren’t so sure about going that long we have a 3-year to 7-year that will net you 5.75% APR / 5.92% APY after our fees.

Call us for details at 800-234-4605 or visit our Rates page.

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